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Arthur Hayes warns Bitcoin could plunge to $70K: How and why?

AMBCrypto LogoAMBCrypto11h ago

Arthur Hayes warns Bitcoin could plunge to $70K: How and why? - AMBCrypto

Quick Summary:

Analysts offer mixed views on BTC next direction as bearish pressure persists.

Bitcoin [BTC] has retested its range-lows of $91k for the fourth time in 2025, extending its losses to 16% from the record high of $109.5K in January.

From a fundamental perspective, BTC’s overheated levels above 2 on the Market Value to Realized Value ratio (MVRV), which is a similar pattern to the early 2024 local top.


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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 09:00:45 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 26428544

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 16 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The outlet is headquartered in United States and publishes an average of 16 news stories per day.

It's most recent story was published 8 hours ago.

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